A Look Into Communication Services Sector Value Stocks

Author: Benzinga Insights | November 20, 2023 10:45am

What is a Value Stock?

A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching:

1. Hello Gr (NASDAQ:MOMO) - P/E: 5.63
2. Liberty SiriusXM Gr (NASDAQ:LSXMA) - P/E: 9.79
3. KT (NYSE:KT) - P/E: 6.84
4. Sinclair (NASDAQ:SBGI) - P/E: 8.49
5. VEON (NASDAQ:VEON) - P/E: 2.84

Most recently, Hello Gr reported earnings per share at $0.43, whereas in Q1 earnings per share sat at $0.34. Liberty SiriusXM Gr has reported Q3 earnings per share at $0.89, which has increased by 1012.5% compared to Q2, which was 0.08. Most recently, KT reported earnings per share at $0.6, whereas in Q1 earnings per share sat at $0.47. Sinclair has reported Q3 earnings per share at $-0.3, which has decreased by 117.96% compared to Q2, which was 1.67. Its most recent dividend yield is at 9.2%, which has increased by 1.87% from 7.33% in the previous quarter.

VEON has reported Q3 earnings per share at $0.07, which has decreased by 50.0% compared to Q2, which was 0.14. Most recently, the company reported a dividend yield of 11.03%, which has increased by 2.03% from last quarter's yield of 9.0%.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

Posted In: KT LSXMA MOMO SBGI VEON